MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) may continue cutting rates through 2026 as it seeks to offset the impact of an anticipated slowdown in government spending linked to a flood control scandal.
According to Michael Wan, senior currency analyst at MUFG Global Markets Research, the BSP faces the challenge of managing various other factors affecting economic growth while navigating this expected reduction in public expenditures.
https://business.inquirer.net/551611/bangko-sentral-seen-to-keep-interest-rates-steady-for-now
